Marshall Wace LLP Purchases 6,981 Shares of Green Brick Partners, Inc. (NASDAQ:GRBK)

Marshall Wace LLP boosted its position in Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) by 69.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 17,051 shares of the financial services provider's stock after acquiring an additional 6,981 shares during the period. Marshall Wace LLP's holdings in Green Brick Partners were worth $963,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of GRBK. Sterling Capital Management LLC raised its holdings in Green Brick Partners by 758.8% during the fourth quarter. Sterling Capital Management LLC now owns 730 shares of the financial services provider's stock worth $41,000 after buying an additional 645 shares during the last quarter. SBI Securities Co. Ltd. acquired a new stake in shares of Green Brick Partners in the 4th quarter worth about $57,000. Nisa Investment Advisors LLC lifted its position in Green Brick Partners by 26.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,396 shares of the financial services provider's stock valued at $79,000 after acquiring an additional 289 shares in the last quarter. Covestor Ltd boosted its stake in Green Brick Partners by 10,460.0% during the 4th quarter. Covestor Ltd now owns 1,584 shares of the financial services provider's stock valued at $90,000 after purchasing an additional 1,569 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in shares of Green Brick Partners by 207.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,702 shares of the financial services provider's stock worth $96,000 after purchasing an additional 1,149 shares during the last quarter. 78.24% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Wedbush reiterated a "neutral" rating and set a $70.00 price target on shares of Green Brick Partners in a report on Friday, February 28th.

Green Brick Partners Stock Down 1.0 %

NASDAQ:GRBK traded down $0.62 on Tuesday, hitting $58.92. The stock had a trading volume of 37,411 shares, compared to its average volume of 375,778. Green Brick Partners, Inc. has a 1 year low of $50.57 and a 1 year high of $84.66. The firm's fifty day simple moving average is $58.04 and its two-hundred day simple moving average is $61.95. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.63 and a current ratio of 7.57. The stock has a market cap of $2.62 billion, a P/E ratio of 7.64 and a beta of 1.82.

Green Brick Partners (NASDAQ:GRBK - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $1.67 earnings per share for the quarter, missing analysts' consensus estimates of $1.70 by ($0.03). Green Brick Partners had a return on equity of 25.35% and a net margin of 17.70%. The company's revenue was up 11.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.82 earnings per share. Analysts predict that Green Brick Partners, Inc. will post 8.34 earnings per share for the current year.

Green Brick Partners Profile

Green Brick Partners, Inc is a diversified homebuilding and land development company in the United States. The company operates through three segments: Builder operations Central, Builder operations Southeast, and Land Development. The Builder operations Central segment operates builders in Texas; and the closing and delivery of homes.